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Gold/Mining/Energy : Triax Diversified High Yield Trust Units

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To: kingfisher who wrote (3)8/5/1997 10:25:00 PM
From: kingfisher   of 39
 
Triax Diversified High-Yield Trust -

Best performing Canadian bond fund over past week

Triax Diversified High-Yield Trust TRH.IRShares issued 147000001997-07-28 close $7.05Monday Jul 28 1997Mr Tim Diamond reports Triax Diversified High-Yield Trust, managed by Altamira Management Ltd's Barry Allan, Will Sutherland and Frank Mersch, has been the best performing Canadian bond fund over the past week (ended July 25) according to the Financial Post Weekly Performance Review (July 26-28). The net asset value per instalment receipt of the trust has jumped from $7.47 on July 18 to $7.62 on July 25 for a gain of $0.15 or 2%. With the instalment receipts of the trust trading at $7.00 (July 25), the trust's estimated effective annualized yield is approximately 13.9%, representing significant value for investors looking for a professionally managed high-yielding product. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

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